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Old 03-08-2014, 06:25 PM   #15
WesC5
 
Drives: 2004 Silver Corvette Coupe
Join Date: Feb 2013
Location: St Jacob, IL (MetroEast area)
Posts: 46
Quote:
Originally Posted by OldJedi View Post
You are 100% correct !!! Raising the base price $2000.00 and the Z51 option that is in 75% of cars produced by $1200.00 has nothing to do with meeting increased demand. If that was the case they would have increased the price of the exposed CF roof and CF dash, both high dollar constraint options. Having suppliers increase the number of parts needed to keep up with demand would have decreased demand and lowered constraint wait time by actually putting more cars into more owners hands.

No this is very simple economics fueled by greed. Take a car that is very high demand and keep increasing the price of it until sales begin to decline because it has reached it's maximum high dollar tolerance limit. That is the point when the majority of perspective buyers no longer feel that the product is worth the dollar amount requested. GM knows that that point is still years away based on the current competitive car market. As many people have stated, it is a hell of a car for the price. And it will continue to be until it reaches it's maximum saturation point or another company steps up and offers a better product at a lower price point.

But to openly state that you raise prices to meet demand, please! It only has to do with making as much profit as possible and striking while the iron is hot. I sure as hell do not see them putting a $3200.00 increase in their truck products. A lot of people will pay the current $3200.00 increase and the upcoming $3200.00 increase for the 2015 models, including myself, but that does not mean I have to like it.

I do understand that in it's target section, there is no other car that can touch it for the money. Even with the increase, it is still way below other comparable, competitive models starting prices. But I also know that GM priced this car with a profit margin at it's original starting point of $52,000.00. So each additional $2,000.00 is strictly additional profit with no other changes to the car whatsoever. GM has us bent over a barrel and we are going to take it or buy some place else. But, they also know there is no other place to buy without spending even more money. At least have the decency to be truthful and tell us the real reason for the price increase. Anybody have some lube, this barrel is cold and I know what is coming is going to hurt!
I agree for the most part.... However, the 3Lt Z51 depending on options is going to run someone about $70-75k. For 15k more a person can pick up the Elvora Lotus. The Z06 will probably just come under 100k.....then you start adding options/tax....you're up there with the Maserati Quattroporte S Q-4, the Lotus Exige (swweeet car) And...entering the neighborhood of the Ashton Martins.....

Me thinks Corvette never wanted to appeal to the "younger generation" as they stated.... They want to play with the "Big Dogs"..... They'll move the "camaro" into the pricing zone of the Corvette.

Sadly this very well may be my last Corvette. If I'm going to look at $100k for a car....it won't be a Corvette...
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Wes

1964 Black, Sold in 1976
1965 Green Vert (both tops), Sold in 1976
1966 Nassau Blue Coupe, all original, sold in 1997
*2001 Coupe*,(Mag Red II...Black), TPW....9/11
Sequence #6406, Born: 9/11/00, Delivered: 9/15/00, 1SC, MN6, QF5, V49, B34, B84, Z51, 86U, UNO (Sold in 2011....)
*2004 Coupe*....loaded, (Silver...Black), Sequence #32,869
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